ANNE ARUNDEL HEALTHCARE ENTERPRISES, INC. 401(K) PLAN

Plan Contact

  • Address: 2001 MEDICAL PARKWAY,ANNAPOLIS,MD
  • Contact person: J. MANUEL OCASIO-COLON
  • Phone: (443) 481-3705

Plan General Information

ANNE ARUNDEL HEALTHCARE ENTERPRISES, INC. 401(K) PLAN Total Retirement Plan Assets

At the end of 2021, the total retirement plan assets of ANNE ARUNDEL HEALTHCARE ENTERPRISES, INC. 401(K) PLAN is $24,911,335.00.This plan was established in 2022.

ANNE ARUNDEL HEALTHCARE ENTERPRISES, INC. 401(K) PLAN Total Number of Retirement Plan Participants

At the end of 2021, the total number of retirement plan participants in ANNE ARUNDEL HEALTHCARE ENTERPRISES, INC. 401(K) PLAN is 1532

ANNE ARUNDEL HEALTHCARE ENTERPRISES, INC. 401(K) PLAN Average Participant Retirement Account Value

In 2021, the average participant retirement account value for ANNE ARUNDEL HEALTHCARE ENTERPRISES, INC. 401(K) PLAN is $16,260.00

ANNE ARUNDEL HEALTHCARE ENTERPRISES, INC. 401(K) PLAN Estimated Average Employee Contribution Amount

In 2021, the estimated average employee contribution amount per participant for ANNE ARUNDEL HEALTHCARE ENTERPRISES, INC. 401(K) PLAN is $1,387.00.

ANNE ARUNDEL HEALTHCARE ENTERPRISES, INC. 401(K) PLAN Estimated Average Employer Match

In 2021, the estimated average employer match for an employee in ANNE ARUNDEL HEALTHCARE ENTERPRISES, INC. 401(K) PLAN is approximately $288.00
Investing in this additonal $288.00 for 20 years would give you extra $18,491.00, assuming a 10% annual return.

ANNE ARUNDEL HEALTHCARE ENTERPRISES, INC. 401(K) PLAN Total Employer Contribution and Match Rate

In 2021, ANNE ARUNDEL HEALTHCARE ENTERPRISES, INC. 401(K) PLAN allocates $442,643.00 to match its employees' contributions, providing an employer match rate of 20.83% of their contributions

ANNE ARUNDEL HEALTHCARE ENTERPRISES, INC. 401(K) PLAN Total Retirement Plan Asset Growth Rate

In 2021, the total retirement plan asset growth rate of ANNE ARUNDEL HEALTHCARE ENTERPRISES, INC. 401(K) PLAN is 16.58%.

ANNE ARUNDEL HEALTHCARE ENTERPRISES, INC. 401(K) PLAN Estimated Aggregate Retirement Account Investment Gain/Loss

In 2021, the estimated aggregate retirement account investment gain/loss for ANNE ARUNDEL HEALTHCARE ENTERPRISES, INC. 401(K) PLAN is 14.27%. This measures the effectiveness of the plan participants' investments in the year.

ANNE ARUNDEL HEALTHCARE ENTERPRISES, INC. 401(K) PLAN Expense Ratio

In 2021, the investment and administrative expense ratio of ANNE ARUNDEL HEALTHCARE ENTERPRISES, INC. 401(K) PLAN is 0.24%.

Enrollment Features

ANNE ARUNDEL HEALTHCARE ENTERPRISES, INC. 401(K) PLAN has the following features:
    Automatic Enrollment: It provides automatic enrollment with elective contributions deducted from payroll.


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